HighNegative
Announced Mon, 29 Jun · 15:23 IST
Blue Star MD flags 2% margin drop this summer but bets big on data centres for long-term growth
Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
Blue Star reported robust summer AC sales but saw a 2% margin drop due to rising input costs. The MD has revised full-year guidance downwards citing continued margin pressure, though the festive season may offer some recovery. The company is investing strategically in the data centre cooling segment, targeting substantial revenue contribution by FY29.